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This is a list of banks in Cambodia. As of July 31, 2020 [update] , there were 51 commercial banks, [ 1 ] 14 specialized banks, [ 2 ] 75 microfinance institutions, [ 3 ] 7 microfinance deposit-taking institutions, [ 4 ] 6 representative offices, [ 5 ] and 15 leasing companies [ 6 ] in Cambodia.
SBC was founded in 1993 and has 6 branches and 10 exchange offices in Cambodia. A year later in September 2013, Cathay United Bank reached an agreement with the remaining shareholders of SBC to acquire the remaining 30% shares. In January 2014, the name was changed to Cathay United Bank Cambodia (CUBC).
The Asian Development Bank expects Cambodia’s economy to grow by 6.0% in 2025, pointing to a “rebound in the manufacturing sector–especially garments, footwear and travel goods,” as well ...
The Phnom Penh Commercial Bank is Cambodia's 23rd commercial bank, [5] and was the first bank launched by a Japanese company in Cambodia. [ 6 ] In 2016, the bank was acquired by a consortium of South Korean JB Financial Group [ ko ] and what is now OK Financial Group (a conglomerate run by Korean Japanese entrepreneurs), each obtaining 60% and ...
Cathay United Bank (Cambodia) CIMB Bank PLC; First Commercial Bank [11] Foreign Trade Bank of Cambodia [12] Hong Leong Bank Berhad; Industrial and Commercial Bank of China Limited; Kookmin Bank Cambodia PLC; Krung Thai Bank PLC; Maruhan Japan Bank PLC [13] Maybank; MB Bank PLC; Mega International Commercial Bank Co., Ltd; Phillip Bank PLC [14 ...
According to the National Bank of Cambodia, the top three largest banks in Cambodia dominates 39.1% (The largest bank in term of total asset is Canadia Bank at 14.2%, followed by ACLEDA Bank at 12.7%, in third place Advanced Bank of Asia (ABA) at 12.2%) of the overall banking assets as of 2020.
[11] [12] By June 2009, it had opened a branch in Phnom Penh, Cambodia. [13] [14] On October 1, 2015, Southern Bank was officially merged into Sacombank by the decision of the State Bank of Vietnam. [15] [16] As a result, Sacombank has acquired and inherited all of Southern Bank's assets and related liabilities since the merger date. [17] [18] [19]
Location of Cambodia. Cambodia is a country located in the southern portion of the Indochinese Peninsula in Southeast Asia.The country is reported by various organisations to have numerous sociopolitical issues including widespread poverty (according to the World Bank), [1] pervasive corruption (according to Freedom House), [2] lack of political freedoms (according to Transparency ...